Philippine Airlines firms 7 Bombardier Q400 orders

Philippine Airlines intends to use its latest order for Bombardier Q400s to help wrest market share back from local LCCs, PAL COO Jaime Bautista said Monday. PAL has converted 7 purchase orders for Q400s to firm orders. In Dec 2016, it firmed the other 5 aircraft in what had initially been a letter of intent to purchase 12. “We used to be the dominant domestic player, but with the arrival of LCCs in the early 2000s, they were able to get people who used to travel by boat or bus,” Bautista said. “They have grown faster than us and the board of PAL believes we should get back market share.” The 7 new Q400s will replace 5 older examples of the Bombardier turboprop in the airline’s inventory. They will be outfitted in an 86-seat, dual-class configuration—8 premium economy at 33-in. pitch and 78 economy-class at 29-in. pitch. <br/>
ATW
http://atwonline.com/paris-air-show-2017/philippine-airlines-firms-seven-bombardier-q400-orders
6/19/17